Cat bonds instrumental in transforming MPIUA’s reinsurance cover

For the Massachusetts Property Insurance Underwriting Association (MPIUA), which recently completed its second catastrophe bond Cranberry Re Ltd. (Series 2015-1), the capital markets and ILS investors have been instrumental in transforming its reinsurance protection."Catastrophe bond capacity has been instrumental this year in MPIUA’s transformation from a per occurrence to annual read the full article →

Cranberry Re 2015-1 cat bond launched for Massachusetts MPIUA

The Massachusetts Property Insurance Underwriting Association (MPIUA) is returning to the catastrophe bond market with a $200m deal named Cranberry Re Ltd. (Series 2015-1), which is being sponsored on the MPIUA's behalf by Hannover Rück SE.The MPIUA is the wind pool property insurer for those unable to access traditional insurance read the full article →